This pilot research will explore the state’s role in promoting economic sustainability and affordability in real estate by investigating the process of land value capture through regeneration policies from comparative perspectives from London and Taipei. Market-driven regeneration has been a prevailing policy tool focusing on entrepreneurial governance that could foster or dampen the economic sustainability of the real estate market in cities. Planning authorities employ policy tools to extract private profits for public benefits via real estate development, and this phenomenon fails to see democratic participation as key to creating socially equitable development. This research aims to demystify how the market-driven planning system shapes the behavior of real estate markets in these two capital cities as public planning is deemed the pivot of institutional governance for sustaining healthy market mechanisms in real estate development.
Ying-Hui Chiang – My research focuses on the Taiwan housing market, primarily emphasizing the policy impact on housing prices and advances in residential mass appraisal. I have published peer-reviewed papers in international and Taiwan high-ranking refereed journals, including Environment and Planning A: Economy and Space, Land Use Policy, International Real Estate Review, Journal of Planning Education and Research, Habitat International. I have been serving on theboard of the Taipei City TDR Appraisal Review, the Taoyuan City Land Value Benchmark Assessment Review, and the Keelung City Urban Renewal Committee.